Precast Concrete Market Rising Trends, Industry Analysis and Demands 2023 to 2029

# Precast Concrete Market Rising Trends, Industry Analysis and Demands 2023 to 2029 ![](https://i.imgur.com/hRDPdiQ.jpg) The Brainy Insights launched a study titled Precast Concrete Market Size By Construction Type (Permanent Modular Buildings, Elemental Construction, and Reloadable Buildings), By Element (Columns & Beams, Floors & Roofs, Pipes, Paving Slab, Utility Vaults, Girders, Walls & Barriers, and Others), By End-use Sector (Residential, Infrastructure and Non-residential), Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2022 to 2030 The global precast concrete market is expected to grow from USD 136.22 billion in 2021 to USD 236.06 billion by 2030, at a CAGR of 6.3% during 2022-2030. The growing interest in green buildings fuels the expansion of the precast concrete market. The expansion of smart city initiatives, as well as the initiative actions undertaken for the advancement of infrastructural activities, increases the market size. With expanding population and more industrialization, as well as increased urbanization, the market is expected to rise. The hotel business is rapidly growing due to the expansion of the tourism industry. Using more precast concrete in some parts of the hotel assures an increase in building quality and, as a result, determines the competitive landscape in the coming days. DOWNLOAD FREE SAMPLE REPORT: <a href=""https://www.thebrainyinsights.com/enquiry/sample-request/12749"">https://www.thebrainyinsights.com/enquiry/sample-request/12749</a> The elemental structure dominated the market with a market share of 34.22% in 2021. The construction type segment comprises permanent modular buildings, elemental construction, and reloadable buildings. In 2021, the elemental structure dominated the market with a market share of 34.22% and 46.61 billion of market revenue. This expansion can be attributed to several factors, such as construction companies' strong interest in using independent precast components to build a complete framework across the residences and non-residential construction industry, and a rise in government investment in global infrastructure development. The columns & beams accounted for the largest share of the market with 18.52% in 2021. The element segment is divided into columns & beams, floors & roofs, pipes, paving slabs, utility vaults, girders, walls & barriers, and others. In 2021, columns & beams accounted for the largest share of the market with 18.52% and 25.22 billion of the market revenue. Precast columns and beams are widely employed in domestic and non-residential development, and they may be used in both construction and non-building structures. The non-residential sector accounted for the largest share of the market with 37.4% in 2021. The end-use sector segment is divided into residential, infrastructure, and non-residential. The non-residential sector accounted for the largest share of the market with 37.4% and 50.94 billion market revenue in 2021. Bridges, tunnels, flyovers, railway stations, urban projects, and other infrastructure improvements are rising. It also has stadiums, museums, supermarkets, and hospitals, among other ACCESS FULL REPORT: <a href=""https://www.thebrainyinsights.com/report/precast-concrete-market-12749"">https://www.thebrainyinsights.com/report/precast-concrete-market-12749</a> About The Brainy Insights: The Brainy Insights is a market research company, aimed at providing actionable insights through data analytics to companies to improve their business acumen. We have a robust forecasting and estimation model to meet the clients' objectives of high-quality output within a short span of time. We provide both customized (clients' specific) and syndicate reports. 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